Economics Brent crude futures held above US$111 per barrel on Monday, supported by signs that the world's biggest economies are on a steady recovery path, but inventory data showing weak fuel demand in the United States curbed gains. More from Reuters Gold inched up on Monday as lacklustre US jobs data supported expectations for continued monetary easing from the Federal Reserve, a session after concerns about the withdrawal of such a policy drove bullion to its lowest in over four months. More from Reuters Gulf Arab markets are seen extending gains on Monday as many investors continue to increase their market exposure ahead of expected dividend payouts. More from Reuters Current prices of $105 to $110 are “considered good” in light of the “circumstances” of some of the regional and international oil-producing countries, the UAE Minister of Energy Mohammed Dhaen Al Hamli has said. More from Gulf
